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of revenue increases fine. but obama is offering an awesome deal. let's take it, it's over. they're sending their messages out to the republican senators and congress saying it's time to make a deal. this deal still kicks ass for us. we'll cut the living hell out of what we call entitlements, social security and medicare and medicaid. lloyd blankfein listen to what he said about so-called indictmentment. >> you'll have to lower people's expectations, the entitlements and what people think they're going to get because it's not going--they're not going to get it. >> cenk: you're not going to get it. i'm going to get it. that's lloyd blankfein. this is the guy whose company took $10 billion in federal bailout and an extra $14 billion through back door bailouts of aig. in the last quarter--that's just a quarter of the year they made $8.4 billion. how much of that did the u.s. taxpayer get for bailing their ass out? none of it. we got the initial $10 billion mac. we did not get the back door bailout back. we did not get a piece of that company. finally look at his salary were last year. it will
a good day of massaging the rhetoric r or we don't take the time to debunk it, but if the obama middle class cuts go through, rich people will get the largest cuts, still. >> we saw the obama victory numbers in this election. but i think he's had a bigger victory than what those numbers indicate and that's in this cnn poll that comes up and it shows today how effective the president's leadership has been on this tax issue because the country agrees with him and more people agree with him than voted for him on this particular issue. it's overwhelmingly in favor of the president's position on this and the republicans are reading that poll and their future is in that poll. >> and the republican party for too long has been driven by their primary electorate. they've been afraid of grover norquist and the tea party coming after them in primaries, but the more we see republicans coming out, reaching across the aisle, there are safety in numbers. so, it looks like there is going to be a genuine move to the center. >> here's what glover is hoping for, that we go off the cliff. then you go off
or relief that at least the election didn't end up in a situation where obama won the electoral vote but romney got the popular vote. i agree that would have been bad. it would have denied the democrat the clear mandate. the implication from the right wing seemed to have been had the republican candidate won the popular vote, there would be trouble of some undefined type. what the heck did that mean? yes, we've had to put up with this ridiculous secession petitions out there, the texas version having been signed by over 100,000 people since election day, but could the right have gone further had it been armed with a popular vote victory? there does seem to be a difference in the two parties. when al gore lost 12 years ago, he ignored his 600,000 vote victory in the popular vote. he just learned to live with the irony. republicans have carefully forgotten this bit of history, but i have real doubts those on the angry, demanding right would have been so quietly obedient to constitutional law. there's something out there on the right right now that is still uneasy with this defeat. sear
in this election. what made them think so? the polls were tight but favoring president obama. what north star was guiding the gop convincing them that the white house would be back in their hands in january? back where their hankerings were convinced it belonged? there was a darker side to this deep sense of executive entitlement, the sense they had the same assumed access to the white house as they did in the corporate dining room. it's more than a bit frighting. i have heard at least one person of the right state their pained belief or relief that at least the election didn't end up in a situation where obama won the electoral vote but romney got the popular vote. i agree that would have been bad. it would have denied the democrat the clear mandate. the implication from the right wing seemed to have been had the republican candidate won the popular vote, there would be trouble of some undefined type. what the heck did that mean? yes, we've had to put up with this ridiculous secession petitions out there, the texas version having been signed by over 100,000 people since election day, but cou
the intelligence community. there could be some substance to the plan that president obama plans to nominate her for secretary of state. she will meet with other lawmakers later this week. president obama has been unwaiving in his support of her calling republican attacks on her outrageous. >> according to official announcement, the president of mexico and the president plan to talk about economic development and bored concerns. while there is no second sit down scheduled for the president and congressional leaders he did speak to john boehner and harry reid over the weekend about avoiding the fiscal cliff. the president will meet with small business owners today. tomorrow he meets with middle class americans who would be affected by tax hikes and more business leaders. friday he's going to travel to hatfield pennsylvania where he will give campaign style remarks to get support for congress to negotiate the right kind of deal. we are back with more steph after this. ♪ [ ♪ theme ♪ ] >> announcer: ladies and gentlemen, it's the "stephanie miller show." ♪ >> yahoo, it is the "stephanie mill
and their respective parties in debating and discussing solutions to the fiscal cliff. president obama organizing a campaign to persuade voters that his plans for higher taxes on the wealthy are the right path forward. leading republicans creating consternation within their own party does they reversed themselves from taxes and seemingly the president's ideas of increases, a growing number on the right rejecting their no new taxes pledges and instead are now claiming the grover norquist is the real problem in washington d.c. fox digital politics center is here with us tonight as is the daily caller stalker carlson. egyptian leader declaring new powers for himself, claiming he won't be just another dictator. just a week ago praised by the obama administration for brokering a ceasefire in gaza, and now the white house is silent on the more -- coupe. middle east expert professor hoover institute senior fellow "wall street journal" as columnist among our guests here tonight. we begin with the president's broad based strategy to conduct our right class warfare against the republican party on the issue
as secretary of state and she may not be. obama could decide to go with john kerry or jane armen or who knows who else, right? susan rice has to go up to the united states senate today and meet with -- she will, meet with john mccain and lindsey graham and a couple of other senators and try to explain herself. she shouldn't have to do that. i think it is embarrassing. kevin is calling from chicago. what do you think kevin? >> caller: hey, how do youing, bill? >> bill: good to hear from you. >> caller: if they were a legitimate news organization, wouldn't you go with the fact -- take whatever your guest says and you go with it. but since everybody knows they're the mouthpiece of the republicans, i find it amusing that they're so inept they don't even see what their guest is going to say. it is like how dumb are they? it just reinforcing the bumper sticker on my car as i drive to work this morning. fox news, the more you watch the less you know. >> bill: i like that! send me one. where did you get it? kevin, it let me t
and so does president obama. entitlements are pushing the country toward financial ruin. here is what the president said in 2010. >> the major driver of the long-term liabilities is medicare, medicaid and healthcare spending. nothing comes close. social security we could probably fix the same way tip o'neil and ronald reagan sat down together and we could figure something out. that is manageable. medicare and medicaid, massive problems down the road. that's where, that is what our children have to worry about. >> dana: here we are, two years later and still no plan. on the left in congress refusing to deal with that simple reality. vermont senator bernie sanders caucuses with the democrats. take a listen. >> i get nervous when i hear the president and others continue to talk about quote/unquote, entitlement reform. which is just another cut for medicaid and medicare and social security. >> eric: brian, start with you, today. >> dana: you look surprised. >> brian: i am. yet honored. >> dana: do you think they are closer to a deal? after thanksgiving people get back to work. >> brian: i
. the white house and congress are playing a high stakes game of let's make a deal. president obama spoke with john boehner this weekend and expressed confidence the deal can't be reached before the deadline. that's what most americans want. in the the latest poll. >> when you're $16 trillion in debt, the only pledge we should make to each other is to avoid. >> you signed it 20 years ago, 18 years ago is for that congress. the world has changed. >> joining me now is the man in the middle of this storm, grover norquist. grover, welcome to you. >> good to be with you. >> you can't comply on the bounty the mutiny has begun: >> it's funny to watch a senator or congressman who got himself elected by promising the citizen of his state that he would go to washington to reform government and not to pay taxes. when the going gets rough he wanted to debt ceiling increase. the same cast of chakts are turns in the homework for the second tyne two years later and there's not a snowball rolling. the good news is the people that gave a commitment to the american voters. for four years president obama ha
? medicare, medicaid carefully, these are chief drivers of our deficit. we made a lot of progress with obama care and there's other spending we have to cut. >> hold on a second. i think we all know what the chief drivers of our deficit are and have been. our projected deficit over the next seven years is driven mostly by the wars in iraq and afghanistan and the bush tax cuts. entitlement programs don't even compete with these costs. plouffe went on to pin the problem largely on republicans who are not flexible on higher tax rates, but he also said this. >> and so where i think the big bottleneck right now is republicans in congress on revenue and how much and where does it come from. democrats are also going to have to step up here and do some tough things. and you know, the notion that somehow that these deficits and our debt are not a threat to our national security and our economic future is something i could not disagree with more strongly, as does the president. there are some, maybe not so much in our party but some commentators on the left that suggest that we shouldn't deal with this
that president obama won reelection >> there are some republicans who recognize they did lose and that new revenue new tax revenue will have to be part of any deficit deal. i noticed mitch mcconnell's talked about tax rates. he's going to insist that tax rates not go any higher. you've got the mathematicians trying to raise the numbers. you can exact the rate throughout a person's entire income. they're looking for ways to finagle this. republicans are going to have to retreat and they're going to get a better deal before the end of the year than going into the new year. >> i want to ask you about that, what eleanor said about the end of the year rather than going into the new year. who benefits, if anyone, if they kick the can down the road, get a new congress. isn't there something to be said with this new democratic strength coming into the senate? it's a little stronger there. you have a stronger president picked up a few seats in the house. doesn't kicking the can down until february or march and do something that's maybe a bandaid now help the cost. >> it helps to a certain extent, b
, it was unjustified. to give the scenario as presented by ambassador rice and president obama. three weeks before an election. >> ambassador rice said today absolutely it was wrong. i don't understand the cia said clearly that information was wrong. and they knew by the 22nd it was wrong. yet, they have not cleared that up with the american people. >> in a statement just now, susan rice admits that the initial information about a protest in benghazi was incorrect, but says no one intended to mislead the public. business as usual, congress is back and picks up just where it left off. stalemated over tax rates and entitlement spending. >> unfortunately, there's one obstacle standing between congress and compromise, grover norquist. for years, norquist has bullied lawmakers willing to put their oath of office or promise to serve constituents ahead of their pledge to this anti-tax zell lot. >> the washington democrats, every dollar that's ever been secured for anything is sacred. every dollar secured for anything is sacred. and they'll defend it to the death regardless of what it means for jobs, or t
obama has spoken. he's promised he will not sign any bill that mortgages our future to pay for handouts to the wealthiest 2% of americans. i only hope house republicans have been listening. >> we've been responsible, even as we've remained firm on this point. no tax increases now for promised spending cuts that won't materialize later. >> hardly a political plug there. cnn political director mark preston is live from washington this morning. mark, so far there are no formal fiscal cliff talks scheduled at the highest levels. but the white house just announced that president obama is going to be going to pennsylvania on friday to try to sell his version of the tax plan to the american people. is that going to help things? >> well, john, you know, it's a dual strategy right now that we're seeing develop in these negotiations over the fiscal cliff. the first strategy, of course, and the first bullet point is when president obama gets together with congressional leaders and they try to get some kind of resolution. the second bullet point, though, is to try to pressure the republican party a
that isn't even open yet. if susan rice were to get the nod from president obama to replar replace hillary clinton as secretary of state she would want to be on good terms with congress. that's why the current u.s. ambassador to the united nations embarked on a delicate bit of diplomacy this morning with three of her toughest credit activities capitol hill. ms. rice met with republican senators john mccain, lindsay graham, and kelly ayott, all had vowed to block her nomination after what she said about the deadly attack on americans on n benghazi, libya. here's what graham said moments ago when the meeting came to a close. >> if you don't know what happened, just say you don't know what happened. people can push you to give explanations and you can say i don't want to give bad information. here's what i can tell you -- the american people got bad information on 16, september. they got bad information from president obama days after. and the question is should they have been giving the information at all. if you can do nothing but give bad information, isn't it better to give no information
between ambassador rice and her staunchest critics on capitol hill. after his reelection president obama took exception to republican senators critical of rice saying if they want to come after anyone they should come after me. >> gretchen: we remember that. why is no one talking about susan rice, she went out on the talk shows and got the talking points from the white house and said what they wanted her to say. >> brian: she said the intelligence. >> gretchen: that's why she would be secretary of state. she did what she was asked to do and did it well and it worked with the electorate you could argue and now she will be secretary of state. what is going to stop it? >> steve: not necessarily. senate aides. administration is having her sell herself up on capitol hill today and what she is doing, she is appealing to the moderates, in particular republicans from georgia and tennessee. they are trying to figure out whether or not she can win the moderates over and avoid an embarrassment. >> brian: she played it definitely. senator mccane doesn't believe it. she didn't attack john mccain and
don't have the deductions in credits. what obama is hoping to do is raise taxes spend the money, kill tax reform for individual. >> eliot: meanwhile, some democrats would rather see the country jump off the fiscal cliff than agree to cuts in social security or other social programs. telling nbc news the cliff was more like a gentle slope and there would be plenty of time next year to mitigate it's affects if the deal could not be made. >> this is not an one-day event. thechy does not go into the tank on january 1st or january 2nd 37 all of the tax changes would be for next year's taxes. not this year's taxes. you don't see that immediate impact. >> eliot: i'm joining joined by bernie sanders. welcome. >> thank you. >> eliot: do you think the hold has been broken. >> it does appear that is the case. after the election after poll after poll after poll some republicans are catching on to the idea that you can't get out of the deficit crisis just by cutting, cutting cutting and we all will have to raise taxes. >> eliot: of all the permutations that you've heard of the ideas being floated
. >> well, i think that president obama definitely has the upper hand in the situation. you have people coming out and saying we don't have on a this anti-tax pledge with grover norquist, a senior republicans, people like bill kristol. you have 12 new house members coming in who refused to sign the pledge. so you start seeing that and it gives the president much stronger leverage to get what he wants. and i think that if the republicans don't come around on and we end up going off the cliff there will get blamed for it. gerri: what do you say? >> i say let's take a look and what happened in november. our government gave the people of america gave the government to the status quo. we are back to where we started in september. the president has a huge do over, and it is his obligation to leave history this. republicans have said we are willing to talk about revenue, but democrats have to be serious on spending. so this idea that anyone has the upper hand is exactly why a deal is not been done. the deal as on the teeseven deal is only as good as it is for both parties. the agreement is hon
this hour. >> president obama is getting ready to pack his bags. that's right. the campaigner in chief is heading back out onto the trail. he does know he won, right? >> i'm steve kornacki. for me of us it's home for the holidays. you get a rare chance to see old friends and distant relatives. the bad news is you get a chance to see old friends and distant relatives. >> i'm making a pledge to my friend grover norquist. you're in "the cycle," and you have my word it's going to be good. >>> the case against ambassador susan rice as a successor to hillary clinton deepens. she went to the hill today to smooth it over with senators mccain, ayotte and graham who criticized her original comments on the deadly benghazi attacks. i picture the conversation between the president and rice going like this. we want you as secretary of state, so go make nice. answer their questions so they stop attacking you and threatening to block your possible nomination. yeah, so how did that work out? >> we are significantly troubled by many of the answers that we got and some that we didn't get. it is clear tha
. >> the senate has spoken. president obama has spoken. he's promising he will not sign any bill that mortgages our future to pay for handouts to the wealthiest 2% of americans. i only hope house republicans have been listening. >> we've been responsible, even as we've remained firm on this point. no tax increases now for promised spending cuts that won't materialize later. >> cnn political director mark preston is live from washington this morning. very nice to see you, mark. so the house is back in session today, and so far there are no talks scheduled between top republicans and the president, we understand. >> no, that's true, zoraida. in fact we haven't seen the congressional leadership and president obama meet since november 16th. now there were staff discussions over the thanksgiving holiday. they don't seem to be as productive as some people had hoped, as you said, we are now 35 days until the fiscal cliff. what we do know, though, is that president obama did reach out to house speaker john boehner. he is the republican, the senate majority leader harry reid the democrat over the weeken
-election, president obama took exception to republican senators critical of rice saying, quote if they want to come after anyone, they should come after him, after me. bill: he said it with force. kelly, thank you. waiting on the meeting in washington. martha: ambassador rice, reportedly as we were saying one of the top candidates to replace secretary of state hillary clinton and the president seemed to lay down the gauntlet to senators mccain and graham if the first news confriends after the election. kelly referred to this moment. let's look at it from november the 14th. >> if senator mccain and senator graham and others want to go after somebody, they should go after me. martha: that is really the feistiest moment of that news conference. the president, who you see here, with ambassador susan rice and former president bill clinton and others they are described as close and president obama made it clear that republican opposition from will not keep him from nominating her for second irat that of state if that is what he decides to do. so we will see. big moment coming up in 26 minutes from now on
about the idea of going off the fiscal cliff. alan krueger, the chairman of president obama's economic advisers, he spoke about what would happen if we go off this so-called fiscal cliff. in this report put out by the white house, american consumers will spend 200 billion less in 2013 if the fiscal cliff is not averted according to this white house report. jay carney went on to say in this press briefing that president obama believes and understands that in order to achieve a deal, a compromise, that everybody has to make tough choices and he remains committed. but this is what he said about social security -- the white house is less interested in tackling the rising costs of social security during the current talks. so that is what is the latest coming out of the white house on the fiscal cliff talks. the two sides not scheduled to meet face to face. as you heard from the prevent of the congressional leaders are the weekend and the two sides separately meeting this week in washington with business leaders and as we said, unions are planning protests on capitol hill. a lot to talk abou
'll be asking him. plus, foreign exchange, president obama will get a visit from our next door neighbor today. mexico's incoming president is coming to town and he wants to talk about more than just the drug war. the drug war is a big deal. first we'll look ahead at the president's schedule. we can tell you what he's doing. a quick photo spread. no joint press conference. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. is a thrilling, dual-flavored ride to mouth fun-town. but it's not like everyone is going to break into a karaoke jam session. ♪ this will literally probably never happen. >>> in the three weeks since election day there's been a lot of republican hand wringing, party leaders looking to expand the tent, track more women, minorities to the party and find out how to find a happy medium between ideology and electabili
in washington. the president's fiscal cliff campaign. live pictures of the white house are president obama will meet today with 15 small business owners. the first of a series of meetings this week as the administration puts the pressure on congress to make a deal. the "washington post" reporting the talks are accelerating between president obama and top congressional leaders, including john boehner who was on the phone with the president over the weekend. the white house's pr campaign is being buoyed along by warren buffett who is voicing support for tax hikes for americans just like him. >> i think it would have a great effect in terms of the morale of the middle class who have seen themselves paying high payroll taxes, income taxes and then watched guys like me end up paying a rate that's below that, you know, paid by the people in my office. >> joining me now is wisconsin's republican senator ron johnson. senator, it's great to have you with us this morning. and as we talk about what's taking place in washington, d.c. right now, the million dollar question is all concerns around senato
that they used to get president obama reelected to get a fiscal deal done, the white house is focussed on the middle class, they call senators, and house machines and tell them, -- house numbers, telling them, uncertainty is killing me but they fail to mention that tax hike with fiscal cliff, president obamaments tax hikes on those making more than $2 theft thousand a year, that will affect their middle class that their job creat creators the nor be able to pay them. neil: the train has left that spending station. i should say that taxes will go up. leaving that aside. how do you make the argument that a deal by the end of the year, even if it is bad, is better than no deal, if ratings agents pounce on a crafty deal, let's say waded toward tax hikes not addressinggspending cuts, wouldn't credit agency seize on that and downgrade us just the same? >> absolutely. this is what we saw with debt ceiling last summer, we saw our credit rating go down. and if you want to talk about that, white house tapped tim geithner today, treasury secretary to head the fiscal talks, he is the one that said
to be off the table. those democrats do not include president obama who has made it clear he's open to a discussion about medicare and medicaid. and you usually would think there's not enough time to do serious entitlement reform. but the fact is, we've been talking about this set of issues for a year and more, lots of blueprints out there, including simpson/bowles. i think it is possible that will be part of a deal that is reached before the end of the year. >> this morning, dick durbin didn't really want to get into specifics. you aren't hearing a lot of numbers from a lot of people, but did say he was encouraged. take a listen. >> if i sound bland and general at this point, it's exactly to the point he made. when the doors close and we sit down with revenue on one side, entitlements on the other, then we get specific and come up with a bipartisan plan. >> ryan, to susan's point of who is the president talking to, is this something to be hashed out between president obama and john boehner. >> i guess so. because dick durbin himself has been confusing in what he's been saying publi
and the obama administration. why? all over their response to the attack in benghazi. well, today both sides came face to face. you are about to hear what happened inside that meeting and why those senators are not satisfied today. but, first, the urgent situation that has everyone's attention, members of the house, they're officially back to work as of right now, this hour. senators returned to washington yesterday. so everyone finally on the job after their week long thanksgiving break. that gives congress and the president, count it with me, 35 days to avoid the dreaded fiscal cliff, the huge package of tax hikes and spending cuts set to take effect january 1 if congress and the president do not cut a deal. we're told they have been talking behind the scenes and president obama has already hosted congressional leaders for a post election sit-down. but the president is also launching a new pr effort, a campaign, some are calling it here, starting with the white house meeting today, of small business owners. then tomorrow, the president hosts more business owners and a group of middle class
people had in her minds about the obama administration, and i find that it's dissipated since election day. still, the passionate opponents of the president trumpet this, but i don't think it's got much traction in middle america. >> thank you all. i really appreciate your time and your insight into this story. thank you. i really appreciate it. coming up, president obama's new fiscal cliff strategy revealed. the president taking a page from his campaign. he's trying to get the public on his side when it comes to extending the bush tax cuts for the middle class. do the exit polls show he has the public on his side? chris van hollen will join us live. plus, another day of deadly protests in cairo over egypt's president morsi's new sweeping powers that he is seeking. we'll get a live report. plus, the former head of florida's republican party, he's making a stunning claim about the state's early voting law saying it was deliberately designed to suppress minority votes. it's just one of the things we thought you should know. join our conversation on twitter. you can find us at @tamronhall
. >> it is worth it. three weeks after his reelection, majority of americans approve of the job president obama's doing in office. at 52%, it's the highest approval marks the president has received from the cnn/orc survey since may. a majority of people say his experience over the first four years will make him a better president in the second term. there is measured optimism, however, about the future. 56% believe the country will be better off four years from now, compare that to four years ago when 76% felt that way. >>> moving on now, governor chris christie is getting ready for a second term. the republican governor has filed paperwork to run for reelection. christie currently enjoys a record high approval rating from -- following his hands on response to hurricane sandy. before the storm, 56% of registered voters in the garden state approved of the job he was doing after sandy, they were surveyed again giving the governor -- >> look at these numbers. >> 77%. >> willie, you're a new jersey guy. new jersey native. i'm sure you can't remember a governor having a 77% approval rating, a republ
-and-take to get there. listen to this. 72% in our brand-new cnn/orc poll say they want president obama to compromise with republicans on taxes and spending. an identical 72% want republicans to do the same, compromise with the other side. as for what compromise should entail, 67% favor a mix of spending cuts and tax increases. that's what they say real progress would look like. keeping them honest, real progress is one thing. washington progress is another. so far at least we see much more of the second than the first, and we're getting late new word that any progress might be stalled. more on that shortly. first, a good example of washington progress. republican lawmakers standing up in a limited way to a beltway power broker named grovier norquist over the 1980s era pledge he pressures them to sign promising not to raise any taxes ever. >> i'm not obligated on the pledge. i made tennesseans aware. i was just elected. the only thing i'm honoring is the oath i take when i serve when i'm sworn in this january. >> that's senator bob corker and one of the a handful up republican lawmakers
. president obama's re-election means the taxes for upper income earners are going up one way or another. speaker john boehner deserves some leeway to try to mitigate the damage by negotiating a larger tax reform. leeway to negotiate sounds pretty sane to me. for some, of course, that's a great big lump of coal wrapped up as an early christmas present. >> revenue that happens to be the democratic code word for tax increases. that is simply not an acceptable position for any true conservative. republicans were not elected to rubber stamp obama's agenda. >> seems some news personalities may be taking a tax increase on the highest earners somewhat personally. anyway, republicans didn't win the white house or the senate. i wonder what other conservatives have to say about that. >> the republicans are in a shocking amount of disarray right now. the republican party has not developed an alternative idea set other than what mitt romney and paul ryan were campaigning on and sort of by default it has become their opening negotiation position. >> i see. so their opening position is the one that wa
and that was raising taxes on wealthy people, and people knew that's what president obama wanted to do. they new mitt romney didn't want to do it and voted for president obama. he has the authority of the election behind him, and that gives him a good hand here. >> david let me ask you about grover norquist. the man who authored the pledge that so many reps signed and mike lee was the latest to say there's a lot of ways to skin a cat and back off the pledge. grover spoke to soledad on cnn. here was his comment. >> if you want to go to your voters and say, i promised you this, and i'm breaking my promise, you can have that conversation with them. you don't have an argument to we. you made a commitment to voters. >> he says he will try to unseat people that go against the pledge? is this a real risk that people that are up for re-election could lose jobs over this it or no? >> it is a real risk. it's not just grover norquist, it's the club for growth and other entities that do that. understand what direction these people leading the party in. they concede the republican party is a fundamental congressi
-profit practitioners discuss the role of private enterprise in public education. they lose also look at the obama administration approach to education reform. that was hosted yesterday at the american enterprise institute in washington. it is 90 minutes. >> hi. welcome, thanks for joining us. whether you're here at home, hope everybody had a terrific thanksgiving. i know that we're just getting back and, so the energy level is probably going to be, mellow, which we'll make that work for us, since we're going to talk about what sometimes is contentious subject. today's panel is on the question of for-profits and federal education policy. this is a topic that we ad aei have been interested in and talking about for an extended stretch. the last couple of years with the generous support of the templeton foundation we have been running the private enterprise and american education project trying to think about both the opportunities and the challenges, the upsides and the downsides of having for-profits involved in k-12 and higher education. how do we make this work for kids and communities how do we
hope my friends at fox are sit down when they hear this, it could be a shock, president obama didn't invent trillion dollar deficits he inherited them. >>neil: i hope this doesn't come as a shock as my friend the illinois senator we are now knee-deep in trillions of dollars of more deficits. and larry sabato with simple advice, stop blaming and start fixing. you are saying both parties are to blame but the attack on fox notwithstanding, i am wondering, are democrats overplaying their hand? >>guest: they will have everplayed it if in the end it results in another deadlock and the same is true for republicans. we are at a special moment when we do have an opportunity to solve a lot of big problems simultaneously from the debt to entitlement growth, to the tax reform issue, tax loopholes there are a lot of things that could go into this and this is a very different situation from august of 2011 when we had the big deadlock of the debt ceiling. this after an election. if we can't solve the problems now, when are we going to solve them? >>neil: i am not encouraged by the smoke signals.
people. people knew that's exactly what president obama knew. they knew mitt romney didn't want to do it, and they voted for president obama. >> david, let me ask you about grover norquist. obviously, the man who authored the pledge that so many reasons have signed. mike lee from utah was the latest on the show to say, back off the pledge. grover spoke to soledad this morning on cnn, if you break my pledge, you're going to have to deal with voters. here was his comment. >> if youen watt to go to your voters and say, i promised you this, and i'm breaking my promise. you can have that conversation with them, but you're not having that argument with me. you made a commitment to your voters. >> he says he's going to try to unseat people who go against the pledge. is this a real risk that saxby chambliss or lindsey graham could end up losing their jobs over 24? >> it is a real risk. understand what direction these people are leading the party in. they conceive the republican party is fundamentally a congressional force, oppositional force. the whole point is to say, someone else is acting, an
that means higher tax rates for high incomes are on the table. something president obama campaigned and won re-election on. senator lindsey graham also breaking with norquist says no on higher tax rates, but is open to more tax revenue by limiting deductions. >> i will violate the pledge long story short for the good of the country only if democrats will do entitlement reform. >> another lawmaker who's breaking with the norquist agrees. >> i think everything should be on the table. i myself am opposed to tax increases, i'm not going to prejudge it, we should not be taking iron clad positions. >> late today in the situation room, republican kevin mccarthy, the house majority whip put a fresh spin on what seems to be the talking points. >> if the goal is to raise more revenue, what is the best way to do that? at the same time protecting the economy? if you're able to gain more revenue by closing special loopholes, and limiting them. and keeping the rate down, so you have better ground control, isn't that a better outcome. >> talk of tax deductions and closing loopholes. a big note on raising
the fighting, the bitterness, and the gridlock will only get worse. that senate democrat was president obama. i don't often agree with president obama on matters of policy and the issue he was referring to here was different than this one, but the principle he expressed in defending his position then is one that i believe in wholeheartedly. let me sum it up this way. for the sake of this institution and the future of the country, i implore members on both sides to oppose this naked power grab strenuously and loudly. it may be the most important thing you ever do. because the debates of the moment are passing but the senate must endure. and nothing less is at stake. mr. president, i yield the floor. >> republican leader, absolutely true, i follow the golden rule and it is very clear what has happened during this congress we can go over all the numbers and really project what happened about the hundreds and hundreds of times we have been forced to file cloture on relatively meaningless things my friend the republican leader thinks changing rules can make the senate more efficient as an assault on
of the discussion. >> all three legs of this will have to be part of it. >> reporter: president obama has tapped treasury secretary tim geithner to lead negotiations on these fiscal cliff talks. rob and paula, back to you. >> both sides are going to have to give a little. both sides. should be interesting. the president now trying to make a public push. he's meeting with business leaders to try to sell this plan. the white house warning closer and closer, the average family will pay $2,200 more a year in taxes if we go over the cliff by the end of the year. >> republicans coupling this with the entitlement program saying, we will do this if -- comes down to say they're closing tax loopholes, yes, we will do so. raszing taxes, they don't want to do so. >> the president said during the first news conference. look, i understand the loophole argument you are making that is not enough money to get us where we need to be. seems to be a divide there. intense negotiations you can imagine behind closed doors and in front of the camera. >> closer we get the more leverage the president has. >> merry christ
for years and believes the speaker wants to make a deal with president obama to avoid the fiscal cliff, but he's seen washington's dysfunction and has his doubts. >> he's somewhat just like the president. it's time to do ahead and do your job. >> speaker boehner is secure enough in his own district that his constituents will give him a free hand to negotiate. his bigger challenge is pulling together republicans from districts across the country behind any deal he ultimately strikes with president obama. >> carl, that's not just john boehner's job. it's also the job of eric cantor, the majority leader the on the democratic seed, harry reid and chuck schumer have to pull their flock behind any potential deal struck. that's not easy getting 60 votes the in the senate and the majority of the house. >> rangling cats on both sides, john. the president meeting with business executives at the white house, going to pennsylvania this week to visit a small business. all theater, or is there something bigger going on? >> he's trying to put pressure on the congress and generate more stakeholders. h
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